Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers
Page 57 of 67 FirstFirst ... 7475556575859 ... LastLast
Results 561 to 570 of 661

Thread: EUR USD

  1. #561
    Senior Trader
    Join Date
    Nov 2015
    Posts
    149
    Post Thanks / Like
    Credits
    630
    My Language
    English
    GBP/USD – LOW ODDS OF FURTHER NEAR-TERM GBP GAINS?







    GBP/USD – LOW ODDS OF FURTHER NEAR-TERM GBP GAINS?


    • Risk reversals indicate falling demand for GBP calls.
    • Theresa May is now odds-on to resign in 2018, most options will hurt sterling.

    GBP/USD options activity indicates a near-term top could be in place at 1.4345 (Jan. 25 high).
    The implied volatility premium for GBP calls over GBP puts has quickly faded, as indicated by the risk reversals, suggesting investors are less concerned about a further near-term rally in GBP.
    GBP/USD One-week 25 delta risk reversals are paid at 0.22 GBP puts today from a 0.17 GBP call bias two weeks ago. Meanwhile, the benchmark 1-month 25 delta risk reversals are 0.03 GBP calls from 0.375 GBP calls last week (also the long-term high).
    PM May’s resignation could hurt Pound
    Speculation is on the rise that “window is closing” on PM May’s leadership after recent complaints about her lack of vision and rows about the direction of Brexit. That said, May’s exit could be bad for the British Pound.
    Reuters report says, “of the eight shortest priced names-in-the-frame quoted by bookmaker Paddy Power, at least four would raise the risk of a GBP-negative disorderly Brexit. Those four are Jacob Rees-Mogg, Boris Johnson, Andrea Leadsom and Michael Gove, all of whom backed the leave campaign.”

    Last edited by Steve nison; 02-08-2018 at 01:12 PM.

  2. #562
    Senior Trader
    Join Date
    Nov 2015
    Posts
    149
    Post Thanks / Like
    Credits
    630
    My Language
    English
    NZD/USD OFF 0.7365 SESSION HIGHS FOLLOWING CHINESE PMI DISAPPOINTMENT


    • Kiwi slips on bad China PMI.
    • USD gains mild intraday strength on Donald Trump comments during SOTU address

    NZD/USD currently trading into the 0.7350 handle, slipping from Asia session highs of 0.7368 following the release of worse-than-expected PMI data from China.
    Chinese PMI data(including manufacturing) for the month of January dipped lower to 51.3, falling slightly from 51.6 in the previous month. While contraction isn’t positive, the PMI is still comfortably above the 50-point mark, which acts as the waterline for growth or contraction.



    Last edited by Steve nison; 02-08-2018 at 01:12 PM.

  3. #563
    Senior Trader
    Join Date
    Nov 2015
    Posts
    149
    Post Thanks / Like
    Credits
    630
    My Language
    English
    AUD/JPY – RANGE TRADING CONTINUES


    • AUD/JPY mildly bid above 88.00.
    • AUD relatively resilient against USD.
    • But 88.50-87.70 range still intact.

    Currently, AUD/JPY is up 0.14 percent at $88.07, largely due to an uptick in the USD/JPY pair and a flat AUD/USD pair.
    The USD/JPY pair is up 0.13 percent seemingly due to the Fed’s upward revision of the inflation outlook. Meanwhile, the Aussie dollar is relatively resilient, despite a big drop in the building permits (reported earlier today). Thus, the AUD / JPY cross is mildly bid in Asia.
    That said, the trading range of 88.50-87.70 is still intact. Considering the double top formation around 89.00, the pair will likely end the trading range with a downside break.



    Last edited by Steve nison; 02-08-2018 at 01:11 PM.

  4. #564
    Senior Trader
    Join Date
    Oct 2015
    Posts
    586
    Post Thanks / Like
    Credits
    1,513
    My Language
    English
    EURO's Sharp Move against Dollar.


    The dollar fell heavily against a basket of major currencies despite mostly upbeat economic data while a sharp rise in the euro added to downside momentum.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.34% to 88.65.


    The December ISM manufacturing PMI was reported at 59.1, beating economists’ forecasts for a reading of 58.8, new orders in December fell to reading of a 65.4 compared with 67.4 a month ago. ISM prices paid index, meanwhile, was reported at a 72.7 beating expectations for a reading of 68.8.Despite some weakness in the ISM data, market participants remained confident that the US economy would be able to continue its growth trajectory. Wells Fargo said that the ISM data showed backlogged orders and supplier delivery times grew during the month, suggesting recent momentum should continue in the near-term.


    The U.S. Department of Labor reported Thursday that initial jobless claims feel 1,000 to a seasonally adjusted 230,000 for the week ended Jan. 27, beating forecasts of 238,000.The recent raft of bullish US economic data, however, has surprisingly not lead to reversal in the dollar as rival currencies such as euro continue to garner demand amid expectations that the European Central Bank is nearing the end of its quantitate easing programme.

  5. #565
    Senior Trader
    Join Date
    Nov 2015
    Posts
    149
    Post Thanks / Like
    Credits
    630
    My Language
    English
    AUD/USD HITS FRESH 3.5 WEEK LOW ON DISMAL AUSSIE DATA


    • AUD hit 3.5 week low of 0.7863.
    • Aussie Dec retail sales dropped more than expected.
    • Trade balance record a deficit in Dec.

    There appears to be no relief in sight for the Aussie dollar as the currency received news negativen

    • Australia retail sales dropped 0.5% in December

    Australian Bureau of Statistics (ABS) reported a 0.5 percent drop in retail sales in December, suggesting consumption remained weak in the all-important festive season. Markets were expecting a 0.2 percent drop. Also, the previous month’s reading was revised higher from 1.2 percent to 1.5 percent.
    Further, the trade balance recorded a deficit of AUD 1.36 billion in December compared to the AUD 0.2 billion surplus.
    The Aussie dollar, which was already on the back foot, extended the losses to hit a fresh 3.5 week low of 0.7863. The AUD/USD pair was last seen trading at 0.7874 levels. The currency pair could remain flat-lined on account of caution ahead of the RBA rate decision.



    Last edited by Steve nison; 02-08-2018 at 01:11 PM.

  6. #566
    Senior Trader
    Join Date
    Nov 2015
    Posts
    149
    Post Thanks / Like
    Credits
    630
    My Language
    English
    NZD/USD DRIFTING IN TOKYO AFTER JOBS DATA BEAT, TRADING NEAR 0.7330


    • Kiwi slowly leaking back gains from positive data during a quiet Asia session.
    • Recent risk aversion sparked temporary Dollar popularity, Greenback selling set to continue.

    NZD/USD trading doftly down in Asia, near 0.7330 after a good jump minutes before the NY close on a jobs data beat. The Kiwi has appreciated against the US Dollar the past two months as market confidence evaporated for the Greenback, but the recent bout of risk aversion seen in markets has sent the Dollar back up the charts, albeit briefly.
    New Zealand’s RBNZ will be publishing their interest rate decision and monetary policy statement today at 20:00, and while the bank is widely expected to stand pat on interest rates for the time being, an overly hawkish tone from the RBNZ could send the Kiwi back up the charts.



    Last edited by Steve nison; 02-08-2018 at 01:10 PM.

  7. #567
    Senior Trader
    Join Date
    Mar 2015
    Posts
    444
    Post Thanks / Like
    Credits
    150
    My Language
    English
    I think 1.2509 was a good opportunity for the sellers! Right now, we are in a intraday bearish trend and I am expecting sell moves continuation until the level 1.1909; if I get enough buy pressure around this level then I’ll open buy trend! Because, the overall trend is till now bullish.

  8. #568
    Moderator
    Join Date
    Jun 2013
    Location
    Dubai, UAE
    Posts
    1,068
    Post Thanks / Like
    Credits
    2,646
    My Language
    English
    EURUSD Technical Levels - 09.02.2018
    EUR/USD declined sharply till 1.2212 yesterday after breaking major support at 1.2315 (20 –day MA). The pair hits fresh 2- week low on rising US 10 year bond yields. The pair has shown a minor recovery of 85 pips till 1.2292. It is currently trading around 1.22446.
    S&P500 declined almost 3.75% yesterday and closed at 2581 yesterday. The near-term support is around 2530 and any break below confirms further weakness.
    The pair is facing near-term resistance of 1.2328 (20- day MA) and any close above will take the pair till 1.2400/1.24350. Bullish continuation can be seen only above 1.2540.
    On the lower side, near-term support is around 1.2200 and any violation below will drag the pair to next level till 1.21650 (38.2% fibo)/1.2100. Minor trend reversal only below 1.2100.

  9. #569
    Senior Trader
    Join Date
    Nov 2015
    Posts
    149
    Post Thanks / Like
    Credits
    630
    My Language
    English
    GBP/USD POISED TO CONTINUE BULL-RUN AFTER DECLINING INTO LONG-TERM SUPPORT

    GBP/USD may be poised to continue pushing higher following a couple of weeks of declines. Sterling is currently trading up softly on thin markets to kick off the new weeks, treading into the 1.3840 region ahead of European markets.
    Sterling has suffered at the hands of market sentiment as of late, with pullbacks in equities and spikes in bond yields to multi-year highs sending traders head-first into safe havens at the expense of risk assets such as the British Pound.
    Despite recent selling pressure on the Queen’s currency, fundamentals are beginning to look good for the UK, with Prime Minister Theresa May experiencing a bump in polling along with Brexit fears seeming to tame somewhat, even as the British Parliament and leaders within the EU continue to trade barbs back and forth. The Bank of England (BoE) is also upbeat, with a positive outlook on the UK’s economy as economic growth begins to build on itself, causing the BoE to begin hinting at interest rates in the near future.
    The Kingdom has a slew of economic data on the docket for Tuesday this week, most notably being CPI data for January at 09:30 GMT. A positive uptick here will only further cement the BoE on a path towards interest rates, with some market forecasts already calling for a May rate increase.





    Last edited by Moderator; 02-13-2018 at 11:41 AM.

  10. #570
    Moderator
    Join Date
    Jun 2013
    Location
    Dubai, UAE
    Posts
    1,068
    Post Thanks / Like
    Credits
    2,646
    My Language
    English
    EURUSD Technical Levels - 13.02.2018
    EUR/USD continuing its bullishness for the second consecutive days. The pair has broken psychological level of 1.2300 and jumped till 1.23250 at the time of writing. The pair jumps from the fresh 2- week low after a good recovery in US stock market. It is currently trading around 1.2320.
    The economic calendar for Euro remains empty and major release US CPI and retail sales is on Wednesday. Market further drastic movement is possible after the data.
    The pair is facing the near-term resistance of 1.2330 (20- day MA) and any close above will take the pair till 1.2400/1.24350. Bullish continuation can be seen only above 1.2540.
    On the lower side, near-term support is around 1.2275 (100- H MA) and any violation below will drag the pair to next level till 1.21650 (38.2% fibo)/1.2100. Minor trend reversal only below 1.2100.

  11. ARIONFORXtarder
 

 
Page 57 of 67 FirstFirst ... 7475556575859 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2018 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 12:26 AM.
CompleteVB skins shared by PreSofts.Com